INDOBORAXBSEIndo Borax & Chemicals Ltd-$HighPositive
Announced Thu, 21 May · 14:39 IST

Recommended Final Dividend of Rs. 10 per equity share of face value of Re. 1 (i.e. 1000%) and Special Dividend of Rs. 30 per equity share of face value Re. 1 (i.e. 3000%) for the FY 2025-26.

Corporate Actions View source PDF

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Price reaction · full curve 14 horizons · vs prior close
+16.4%1-day move
₹275.00
prior close
₹314.75
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.0+3.6+4.2+3.4+16.4+21.5+21.2+20.0+26.2+25.3+36.7+31.6+56.3
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AI summary

Indo Borax & Chemicals Ltd's Board has recommended a Final Dividend of Rs. 10 per share (1000% on Rs. 1 face value) and a Special Dividend of Rs. 30 per share (3000%) for FY 2025-26, totaling Rs. 40 per share. This is subject to shareholder approval at the 45th AGM. For the year, standalone net profit grew 18.8% to Rs. 4,974 lakh from Rs. 4,188 lakh, while consolidated net profit rose 18.3% to Rs. 5,027 lakh from Rs. 4,251 lakh. Total income grew to Rs. 23,088 lakh from Rs. 19,085 lakh. The company has cash and cash equivalents of Rs. 1,361 lakh on consolidated basis and generated Rs. 8,715 lakh in operating cash flows. EPS stood at Rs. 15.67 on consolidated basis. The auditor expressed an unmodified opinion and there are no qualifications in the audit report. The company also appointed an internal auditor and re-appointed a cost auditor for FY 2026-27.

Likely market impact

The combined dividend of Rs. 40 per share (4000% payout ratio on face value) signals strong cash generation and financial health, with the special dividend indicating a one-time windfall or strategic cash return. This is positive for shareholder returns, though the high payout ratio warrants scrutiny on capital allocation efficiency.